ALTERA TRADE ApS
Credit rating
Company information
About ALTERA TRADE ApS
ALTERA TRADE ApS (CVR number: 32280587) is a company from AALBORG. The company recorded a gross profit of 543.8 kDKK in 2023. The operating profit was 12.7 kDKK, while net earnings were -6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.2 %, which can be considered decent but Return on Equity (ROE) was -3.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 56 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. ALTERA TRADE ApS's liquidity measured by quick ratio was 2.3 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 744.46 | 729.46 | 767.59 | 639.03 | 543.79 |
EBIT | 209.35 | 120.58 | 139.00 | 5.51 | 12.71 |
Net earnings | 159.43 | 91.96 | 98.28 | -8.19 | -6.01 |
Shareholders equity total | 260.85 | 242.21 | 223.28 | 161.56 | 155.55 |
Balance sheet total (assets) | 585.44 | 519.32 | 345.32 | 215.42 | 277.71 |
Net debt | -50.93 | - 189.21 | - 251.76 | - 143.74 | -58.03 |
Profitability | |||||
EBIT-% | |||||
ROA | 36.5 % | 21.8 % | 32.2 % | 2.0 % | 5.2 % |
ROE | 87.6 % | 36.6 % | 42.2 % | -4.3 % | -3.8 % |
ROI | 50.2 % | 31.5 % | 50.7 % | 2.7 % | 6.2 % |
Economic value added (EVA) | 170.67 | 93.48 | 109.00 | 7.18 | 10.76 |
Solvency | |||||
Equity ratio | 44.6 % | 46.6 % | 64.7 % | 75.0 % | 56.0 % |
Gearing | 76.1 % | 26.6 % | 8.3 % | 6.4 % | 51.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.8 | 1.9 | 2.8 | 4.0 | 2.3 |
Current ratio | 1.8 | 1.9 | 2.8 | 4.0 | 2.3 |
Cash and cash equivalents | 249.55 | 253.73 | 270.21 | 154.09 | 138.14 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | B | B | B | B |
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